Battery analytics data on screen

TWAICE guarantees accuracy of battery analytics

TWAICE guarantees the accuracy of the analytics results regarding the battery health condition and is backed by insurance.

TWAICE / Dec 09, 2022


TWAICE helped me to learn more about: TWAICE guarantees accuracy of battery analytics read article here:


Accuracy and health insights guarantee is insurance backed by Munich Re    

Insurance and AI (Artificial Intelligence) come together to enable peace of mind for any business working with batteries. This marks the start of a new era for de-risking batteries.

TWAICE, leader in predictive battery analytics, has announced that accuracy and health insights will be guaranteed. The first of its kind contractual guarantee is backed by Great Lakes Insurances, a subsidiary of Munich Re, one of the world's leading providers of reinsurance solutions.

Should the analytics outcome ever be beyond the guaranteed accuracy, the customer is indemnified eight times the amount paid for the analytics. The underlying battery condition can be determined with a clearly defined approach, giving customers full transparency and control at any time. Munich Re conducted a thorough evaluation of the analytics.

TWAICE provides predictive analytics software for companies working with batteries addressing key concerns such as health, warranty, and safety. Customers using TWAICE de-risk their battery business and outperform their peers by increasing battery performance and lifetime. Uniquely combining deep battery expert knowledge and artificial intelligence on a scalable battery analytics platform, TWAICE generates actionable insights at every step of the battery lifecycle. In addition to enabling TWAICE products, the analytics platform is a launchpad for customer and partner solutions, for example, for the joint venture Battery Quick Check with TÜV Rheinland.

"The accuracy promise of TWAICE is the first of its kind in the battery analytics software space" said Dr. Stephan Rohr, founder and Co-CEO at TWAICE. "The insurance and due diligence by Munich Re should give manufacturers and operators of electric vehicles and energy storages the confidence to accelerate the development and deployment of batteries with the TWAICE platform."



Press information:

Lennart Hinrichs |

PR13 agency for public relations | | +49 40 21993366

No items found.

Related Resources

June 6, 2023
June 6, 2023

TWAICE Expands Battery Simulation Tool with additional Models for Electric-Thermal Aging

TWAICE announced a significant update to its simulation modelling software. The company has begun offering its simulation software with electric-thermal aging models based on TWAICE’s database of battery parameters, which TWAICE now supplements with customer testing data or manufacturer data sheets.
March 22, 2023
March 22, 2023


Battery analytics software company TWAICE and R&D service provider VISPIRON SYSTEMS combine their strengths for a new battery lab in Munich.
July 14, 2022
July 14, 2022

Mission possible: TWAICE and Sycada join forces

TWAICE and Sycada cooperate to offer Battery Health Package for fleets and passenger vehicles.